It’s the middle of the month so it’s time to review my net worth. Last month, my net worth grew from 183K to 193K, so I was expecting a bit a retracement. However, as I followed the stock markets this month I realized that the results for this update should be fantastic. It was better than I thought… my net worth grew to 207K – my biggest gain ever.
The surprise was that it wasn’t the surging stock market that helped the numbers. Homes in the area of my investment property surged and Zillow ranks my home as worth 9K more than last month. (For those new to my site, I consider Zillow be very accurate for the condo since there are many like it and it has a lot of data to go on.) Much of the remainder of my gains, $3,000, were the result of the aforementioned stock market surge.
I didn’t really do much in the way of savings, with the exception of putting more money in my 401K plan. I knew that it would be difficult month for saving with some of the bills from the wedding vendors coming in. I’m not completely off the hook with those bills as some of them went on my credit card to earn points. Towards that end, I was able to charge nearly $900 of the rehearsal dinner on a card that typically earns me 3% on the dollar at restaurants. When we got back home, there was a letter from Chase that they would bump it up to 5% for July and August. I don’t mind getting $45 back from Chase one bit.